Thanks to the platform Blockchain BIK customers of Polish banks have the opportunity to receive changes to the regulations of the products they use electronically.
Thanks to technology blockchain, which is becoming increasingly widespread, banks can conduct digital communications with their clients while maintaining a high level of security.
Reliability and security
Platform Blockchain BIK was developed by a group of specialists from Credit Information Bureausbased on the company's technology Billon.
The new solution ensures transaction reliability and a high level of security, while guaranteeing benefits for both the bank and its customers.
What definitely distinguishes the Blockchain BIK platform is providing recipients with constant and easy access to their documents via a special BIK portal, fully integrated with blockchain technology.
Security, which is the largest domain of the Blockchain BIK platform, has been achieved largely due to the fact that documents are scattered to many network nodes, i.e. storage locations, and each of them is assigned a separate address. This means that the described solution is not only highly secure, but also has a very low level of risk of failure.
The BIK board hopes that the platform will be successively implemented in the functioning of other financial institutions and market sectors.
Potential and prospects
Blockchain BIK is the fruit of many years of BIK gathering experience in the field of creating solutions for the financial sector and cooperation with Billon, which provided modern technology.
The new platform is characterized by a very high flexibility of its architecture, enabling the creation of various blockchain-based networks for individual sectors, while it cannot be ruled out that its future use will go beyond the financial industry, including the telecommunications, insurance and e-commerce sectors.